Air Transport Services Stock Fundamentals
| ATSG Stock | USD 12.73 0.03 0.24% |
Air Transport Services fundamentals help investors to digest information that contributes to Air Transport's financial success or failures. It also enables traders to predict the movement of Air Stock. The fundamental analysis module provides a way to measure Air Transport's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Air Transport stock.
At this time, Air Transport's EBIT is most likely to increase significantly in the upcoming years. The Air Transport's current EBITDA is estimated to increase to about 570 M, while Gross Profit is projected to decrease to roughly 189.8 M. Air | Select Account or Indicator |
Air Transport Services Company Current Valuation Analysis
Air Transport's Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Current Air Transport Current Valuation | 2.61 B |
Most of Air Transport's fundamental indicators, such as Current Valuation, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Air Transport Services is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
| Competition |
In accordance with the recently published financial statements, Air Transport Services has a Current Valuation of 2.61 B. This is 64.13% lower than that of the Air Freight & Logistics sector and 83.68% lower than that of the Industrials industry. The current valuation for all United States stocks is 84.29% higher than that of the company.
Air Transport Services Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Air Transport's current stock value. Our valuation model uses many indicators to compare Air Transport value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Air Transport competition to find correlations between indicators driving Air Transport's intrinsic value. More Info.Air Transport Services is rated fifth in return on equity category among related companies. It is rated fifth in return on asset category among related companies reporting about 0.63 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Air Transport Services is roughly 1.58 . At this time, Air Transport's Return On Equity is most likely to increase slightly in the upcoming years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Air Transport by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Air Transport's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Air Transport's earnings, one of the primary drivers of an investment's value.Air Current Valuation Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Air Transport's direct or indirect competition against its Current Valuation to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Air Transport could also be used in its relative valuation, which is a method of valuing Air Transport by comparing valuation metrics of similar companies.Air Transport is currently under evaluation in current valuation category among related companies.
Air Fundamentals
| Return On Equity | 0.043 | ||||
| Return On Asset | 0.0272 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.02 % | ||||
| Current Valuation | 2.61 B | ||||
| Shares Outstanding | 65.68 M | ||||
| Shares Owned By Insiders | 22.02 % | ||||
| Shares Owned By Institutions | 83.72 % | ||||
| Number Of Shares Shorted | 3.77 M | ||||
| Price To Earning | 11.64 X | ||||
| Price To Book | 0.62 X | ||||
| Price To Sales | 0.41 X | ||||
| Revenue | 2.07 B | ||||
| Gross Profit | 836.88 M | ||||
| EBITDA | 542.82 M | ||||
| Net Income | 59.75 M | ||||
| Cash And Equivalents | 54.49 M | ||||
| Cash Per Share | 0.75 X | ||||
| Total Debt | 1.82 B | ||||
| Debt To Equity | 0.98 % | ||||
| Current Ratio | 1.22 X | ||||
| Book Value Per Share | 21.12 X | ||||
| Cash Flow From Operations | 654.08 M | ||||
| Short Ratio | 5.36 X | ||||
| Earnings Per Share | 0.82 X | ||||
| Price To Earnings To Growth | 56.16 X | ||||
| Target Price | 19.17 | ||||
| Number Of Employees | 5.09 K | ||||
| Beta | 0.85 | ||||
| Market Capitalization | 836.16 M | ||||
| Total Asset | 4.01 B | ||||
| Retained Earnings | 589.21 M | ||||
| Working Capital | (54.49 M) | ||||
| Current Asset | 101.31 M | ||||
| Current Liabilities | 126.68 M | ||||
| Net Asset | 4.01 B |
About Air Transport Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Air Transport Services's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Air Transport using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Air Transport Services based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.| Last Reported | Projected for Next Year | ||
| Current Deferred Revenue | 30.2 M | 19.7 M | |
| Total Revenue | 2.1 B | 1.3 B | |
| Cost Of Revenue | 1.9 B | 2 B | |
| Stock Based Compensation To Revenue | 0 | 0 | |
| Sales General And Administrative To Revenue | 0 | 0 | |
| Research And Ddevelopement To Revenue | 0.00 | 0.00 | |
| Capex To Revenue | (0.38) | (0.40) | |
| Revenue Per Share | 30.17 | 15.46 | |
| Ebit Per Revenue | 0.1 | 0.10 |
Air Transport Investors Sentiment
The influence of Air Transport's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Air. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Air Transport's public news can be used to forecast risks associated with an investment in Air. The trend in average sentiment can be used to explain how an investor holding Air can time the market purely based on public headlines and social activities around Air Transport Services. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Air Transport's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Air Transport's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Air Transport's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Air Transport.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Air Transport in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Air Transport's short interest history, or implied volatility extrapolated from Air Transport options trading.
Pair Trading with Air Transport
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Air Transport position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Air Transport will appreciate offsetting losses from the drop in the long position's value.Moving together with Air Stock
| 0.69 | ALGT | Allegiant Travel Earnings Call This Week | PairCorr |
Moving against Air Stock
| 0.87 | SKYW | SkyWest Earnings Call Today | PairCorr |
| 0.8 | CP | Canadian Pacific Railway | PairCorr |
| 0.78 | BZ | Kanzhun Ltd ADR Financial Report 22nd of May 2024 | PairCorr |
| 0.77 | J | Jacobs Solutions Financial Report 14th of May 2024 | PairCorr |
| 0.77 | DY | Dycom Industries Financial Report 22nd of May 2024 | PairCorr |
The ability to find closely correlated positions to Air Transport could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Air Transport when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Air Transport - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Air Transport Services to buy it.
The correlation of Air Transport is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Air Transport moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Air Transport Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Air Transport can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Air Transport Piotroski F Score and Air Transport Altman Z Score analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Air Stock analysis
When running Air Transport's price analysis, check to measure Air Transport's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Air Transport is operating at the current time. Most of Air Transport's value examination focuses on studying past and present price action to predict the probability of Air Transport's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Air Transport's price. Additionally, you may evaluate how the addition of Air Transport to your portfolios can decrease your overall portfolio volatility.
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Is Air Transport's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Air Transport. If investors know Air will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Air Transport listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.58) | Earnings Share 0.82 | Revenue Per Share 30.166 | Quarterly Revenue Growth (0.03) | Return On Assets 0.0272 |
The market value of Air Transport Services is measured differently than its book value, which is the value of Air that is recorded on the company's balance sheet. Investors also form their own opinion of Air Transport's value that differs from its market value or its book value, called intrinsic value, which is Air Transport's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Air Transport's market value can be influenced by many factors that don't directly affect Air Transport's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Air Transport's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air Transport is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air Transport's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.